Virginia Beach Health Care Software Provider Grows with Merger
Virginia Beach Health Care Software Provider Grows with Merger, Leveraging AI to Transform Care.
Virginia Beach December 8, 2024
The acquisition of a Virginia Beach software development company is fueling its growth as a health care technology leader that can leverage artificial intelligence to help transform patient care.
DOMA Technologies in Virginia Beach joined forces with Livanta, a Baltimore-area health care tech company, as part of their acquisition earlier this year by Pleasant Land, a Washington, D.C.-based private equity firm. Pleasant Land merged the businesses to create a leading high tech provider of health care quality oversight and clinical assessment services. Financial terms of the acquisition and merger were not disclosed.
DOMA founder and CEO Pat Feliciano is staying on as chief executive of the combined company headquartered in Virginia Beach. The organizations collectively have 750 full-time employees, including 250 from DOMA.
“We anticipate additional growth here and across our locations going forward,” Feliciano said. “We have additional opportunities here on our current site to continue to expand as needed to support future growth.”
DOMA, founded by Feliciano in 2000, is finishing a facility buildout for its previously announced expansion of its London Bridge Road headquarters and anticipates its completion by mid-2025. The company name remains under consideration for a rebranding.
As a contractor, DOMA has developed federal health care platforms to ultimately improve patient care and has provided medical record solutions to hospital systems. The merger enables the companies to leverage their AI and machine learning-enabled digital technologies to unlock new efficiencies in health care delivery, particularly in quality oversight and developing insights into vast amounts of unstructured health data, Feliciano said.
Throughout the past 24 years, and especially within the past several years, the company has been on a strong growth path, seeking opportunities to apply its technology expertise. DOMA recently expanded in Baltimore, Maryland, and Las Vegas, Nevada.
“In the year ahead, we anticipate growing our team by a couple hundred members, potentially reaching a total of about 1,000 employees across the organization by the end of 2025,” Feliciano said. “This partnership not only amplifies our ability to deliver value to customers and patients but also opens up meaningful career growth opportunities for our team members.”
Committed to advancing quality improvement in public health, DOMA is now positioned to serve more than 32 million Medicare beneficiaries and over 3 million veterans. “As a unified entity, we are now one of the largest quality improvement organizations in federal health care,” Feliciano said.